Binance Chain or Binance DEX hype is gone!

[casperBGD]

Not only smart contract they enable #BNB Staking too, Perhaps this coin can compete with ETH now on having a smart contract feature. We can't deny that ETH has many users and Binance chain has only few tokens but most of them are decent projects only a few were sh*tcoin/tokens. Recently they have burn more than 3 million supply amounting more or less $52M I guess BNB is back we will see in the coming days what will be the outcome of this recent news.

they are trying to bring back the hype, but last hype did not brought any product that is good enough to steam the pump long, so i am not sure that this time will be different, but it is good to have competition on the market, it will push ETH, but also EOS and TRX to speed up their development as well, and provide new and better solutions on the market, so way to go, Binance push the competition

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[Botnake]

Not only smart contract they enable #BNB Staking too, Perhaps this coin can compete with ETH now on having a smart contract feature. We can't deny that ETH has many users and Binance chain has only few tokens but most of them are decent projects only a few were sh*tcoin/tokens.

I like to agree with that, ETH platform users mostly are scams, few of them are only successful but they eventually left the platform and create their own.
Don't know what Vitalik is thinking now, hopefully he will surprise us, as it seems only BNB are performing now among the top class assets.

Recently they have burn more than 3 million supply amounting more or less $52M I guess BNB is back we will see in the coming days what will be the outcome of this recent news.

That's a another great strategy of increasing the price, and in the long run, it's expected that BNB will get more adoption while its supply decreases.
we know already what will be the result.

[thisnewcoin]

Not only smart contract they enable #BNB Staking too, Perhaps this coin can compete with ETH now on having a smart contract feature. We can't deny that ETH has many users and Binance chain has only few tokens but most of them are decent projects only a few were sh*tcoin/tokens. Recently they have burn more than 3 million supply amounting more or less $52M I guess BNB is back we will see in the coming days what will be the outcome of this recent news.

they are trying to bring back the hype, but last hype did not brought any product that is good enough to steam the pump long, so i am not sure that this time will be different, but it is good to have competition on the market, it will push ETH, but also EOS and TRX to speed up their development as well, and provide new and better solutions on the market, so way to go, Binance push the competition

Yes, Binance is doing very well from the second month of this year! Nowadays Binance updates every development in their twitter handle! It's like Binance developing their ecosystem every day and everything is open for the community! WazirX IEO helped a lot to Binance to bring back some strong hype and they choose another great project Cartesi for Launchpad! So, this will boost the Binance reputation once again!

But, I think Binance should focus on their Binance Dex, still, the DEX volume is very low, no new coins are coming into Binance chain, so, Binance should do something now to bring back DEX's old days!

[Balili]

Its true that the hype of binance chain and dex right now is gone but the real thing is they focus on fiat gateway right now. And there are still quality projects migrating to binance chain. Binance really becomes an amazing ecosystem that have so many usecases in different variety. Launchpad hype is still on play, as long as they gain profit from it.

Yes that hype came and went off and not much people are still remembering that. You just nailed the point, they are busy on fiat exchange which is so perfect and peaceful. That joy when your local currency drops in your bank account from Binance is awesome. Binance is really king of Exchanges in and outside the earth

[disconnectme]

I think what makes the hype to die down after their launch is the loss of interest in ICO, how many ICOs are we having per months now, then in 2017/2018 we use to have 20 or more ICOs per month. I just believe the loss on investors in ICO makes it seems like there is no interest in their chain.

[nutriagrigia]

I think what makes the hype to die down after their launch is the loss of interest in ICO, how many ICOs are we having per months now, then in 2017/2018 we use to have 20 or more ICOs per month. I just believe the loss on investors in ICO makes it seems like there is no interest in their chain.

Over the past year, I have not seen people who bought coins before IEO on the Binance and did not earn on these coins. as a rule, the Binance making partnerships with good projects and these projects grow in price after the listing.

[enhu]

Binance Chain Releases White Paper for a Smart Contract-Enabled Blockchain

Binance Chain is launching a second, smart contract-enabled chain that will use Ethereum’s Virtual Machine to let its developers build decentralized apps.

https://cointelegraph.com/news/binance-chain-releases-white-paper-for-a-smart-contract-enabled-blockchain

Read this on my feed today. ITs another hype for BNB which can again win the trust of many investors. They are really winning this game especially now that they have bought a lot of crypto projects that can affect prices from media channels to project developments, BNB is set to step on the moon but its also killing some other coins.

[matchi2011]

Binance Chain Releases White Paper for a Smart Contract-Enabled Blockchain

Binance Chain is launching a second, smart contract-enabled chain that will use Ethereum’s Virtual Machine to let its developers build decentralized apps.

https://cointelegraph.com/news/binance-chain-releases-white-paper-for-a-smart-contract-enabled-blockchain

Read this on my feed today. ITs another hype for BNB which can again win the trust of many investors. They are really winning this game especially now that they have bought a lot of crypto projects that can affect prices from media channels to project developments, BNB is set to step on the moon but its also killing some other coins.

That's how CZ formed it's way to much bigger and stronger business, as we knew that he just acquired CMC and with new offers this business will continue to grow. There's no question with how people will begin to support this project and how developers and investors will follow and use this chain as binance itself can help them to materialized and bring support to each project that will use this system.

[Cheesus]

The hype is gone, okay, but Binance DEX still doing better. If you follow the Binance DEX Twitter handle, you will realize there are many developments happening behind the scene! The hype is for a limited time, quality is for a long time! Binance chain is not the best, I can't say that, but if you make a list of top 3 chains, then I think Binance chain will be there!

[Emilyp]

IEO hype generally has died down Binance dex is not an exception. Without the IEOs, Binance has development plans being integrated daily on the platform. CZ is making Binance a great power to reckon with in cryptocurrency with time BNB token will be worth 3 figures.

[irixo10]

I can't really recall the last time there is news about a project listing there or migrating from other blockchains to theirs, maybe am missing something or maybe not, but nevertheless, the hype is gone and those projects team which followed the hype have themselves to blame. Hype only works for the meantime and once it settles the real pictures comes up, I think this is the case with Binance DEX.

[Denies Distro]

Seems just faded because current binance cex is more desirable many people, because the pump in some coins or tokens are quite impressive and a lot of good project listings in this exchange, besides that I see on the community binance many developer still make proposals to register their tokens or coin on binance dex.

[Convery]

Binance as a company belongs among the most trusted companies in the crypto sphere, they are not pushing their products like Justin Sun to gain attention, but they slowly work and expand the field of action. By creating a token on a Binance chain, you can list it on their DEX, and whats better? You can also create tokens that are backed by another cryptocurrencies, like BTCB - Bitcoin token on Binance pegged 1:1 to real Bitcoin 

[ovb1001]

In my opinion BNB is good and has the opportunity to penetrate the top 5 but it takes time for investors to believe

[torrantz]

In my opinion BNB is good and has the opportunity to penetrate the top 5 but it takes time for investors to believe

The dex is totally failed to be the true dex and binance needs more time to develop a new product again dude. As far as i can see if binance is starting to go to the IEO project again as it was getting a new IEO project to run on its launchpad. The ICO and IEO era will come back soon.

[Starfranko]

Well well well! The problem is with IEO hype. The hype has died down with shitty and scam projects taking over the space. ICOs went the same way few IEOs gets launched now.

[reallester]

I remember last year, everyone was so hyped about the Binance DEX! Any project goes for Binance chain got huge pumped and price to become very high! Many good projects kept migrating from Ethereum to Binance blockchain! Even people started saying that Binance chain will be bigger than the Ethereum network at the end of 2019! What happened then? Right now, there is no hype for Binance chain and many coins have shit volume in Binance DEX! Do you think any other chain can overtake the giant Ethereum Network?

You are right. Binance Chain and DeX played huge in 2019. However, I am not surprised by the sudden dead hype for these two exchanges.  For now, I am yet to see another blockchain that will surpass ethereum. There might be in the future but none currently.

[InwardContour]

Well well well! The problem is with IEO hype. The hype has died down with shitty and scam projects taking over the space. ICOs went the same way few IEOs gets launched now.

OP was actually referring to the hype around Binance chain last year, any project which moves to binance chain immediately gets hyped and spikes up massively in price. I benefitted from this actually, even though it was short lived. I remember when many were in the opinion that Binance chain will be better than Ethereum blockchain, all of these were mere assumptions. OP wasn't necessarily referring to IEOs done on Binance exchange, since they still get hyped with remarkable price spikes like WRX, even though some dump badly after the hype dies down.

[Vishnu.Reang]

I have a feeling that this is going to be the beginning of the downward slide for Binance. They are the top cryptocurrency exchange right now and they should have concentrated on that domain. On the other hand, they are wasting their expertise on Binance Chain and Dex websites. If they ignore their core domain, then it will turn out to be counterproductive in the future.

[petuel]

In my opinion BNB is good and has the opportunity to penetrate the top 5 but it takes time for investors to believe

it actually takes time for binance to make moves and upgrade and then investors will start to believe
it is a big difference